Hackensack Meridian Health Breaks Ground on New Jersey MOB
This first-of-a-kind facility will be part of a transit-oriented development.
Hackensack Meridian Health has broken ground on a health and wellness center in Woodbridge, N.J. The upcoming 60,000-square-foot facility will be part of a mixed-use project developed by a consortium led by Russo Development near Metropark Station.
Hackensack Meridian Health is investing $200 million in the project, which is estimated to bring more than 1,000 jobs in the area. The company will also move from its current offices in Edison, N.J., to this new location, set for delivery in 2025. The seven-story building was designed to qualify for LEED certification.
Upon completion, the facility will offer access to health-care services such as primary care, medical specialties, surgical specialties, advanced imaging, rehabilitation services, a sports and spine center of excellence, phlebotomy, urgent care, occupational health services and a retail pharmacy.
READ ALSO: Medical Office to Perform Well in 2024: Report
The Metropark Station mixed-use project, which benefited from a $110 million tax credit grant, qualifies for the multi-use platform under the New Jersey Economic Development Authority’s ASPIRE program. The delivery of the health and wellness center will be followed by the construction of 230 residential units and a retail component. DOR, a joint venture of Russo Development, Onyx Equities and Terminal Construction Corp., announced the 12-acre transit-oriented project in October 2022.
Strategic position for health-care services
The facility will be the first of its kind to will offer access to health care not only to those who travel through Metropark Station, but also for those traveling along Amtrak’s Northeast Corridor. The station is located at 100 Middlesex Essex Turnpike, near the 95 and 287 interstates. New York City is some 32 miles away. Medical providers in the surrounding area include Solaris Health System, Woodbridge Medical Group and Center for Remote Medical Management, among others.
The New Jersey office market currently has 16 other medical office building properties in various stages of development, set to add 1.8 million square feet to the existing inventory, CommercialEdge data shows. One of the largest projects is the 519,500-square-foot Jack and Sheryl Morris Cancer Center in New Brunswick, N.J., currently under construction. Delivery is expected in 2025.
